May 2024: The tech layoffs have oversaturated the USA tech job market.

Published: 03 May 2024
on channel: honestduane
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I was given some metrics out of the expensive LinkedIn recruiter product for a range of titles, so I did some data science on them... here is the result.

The USA tech industry does not currently have enough open roles to allow the bulk of experienced engineers to find work, there have been too many layoffs and now the market is oversaturated with qualified engineers looking for work.

If the numbers are incorrect, please let me know. I'm happy to do new data science as I get updated data.

It doesn't matter how many years of experience you have if multiple other people with the same large amount of experience is also looking for work. At that point, its RNG.

The numbers are even worse for mid level engineers or junior engineers with no experience.; In fact they are so bad that I feared making them public would create physical harm to jr. level engineers.

Companies do not want inexperienced or unskilled engineers in these roles and the glut of sr.+ level people available means that jr. level people are going to be competing with Sr.+ level people for Jr level roles, and hiring managers are simply going to prioritize the sr. level people with the experience they need.

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